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TECH STOCKS: Buy And Buy Again

President Bush might have to explain away rising unemployment rates, but investors seem to be taking a wealthy future on faith.
President Bush might have to explain away rising unemployment rates, but investors seem to be taking a wealthy future on faith.

The Nasdaq Composite rose 1.63%, or 30.38 points, to rest at an 18-month high of 1,888.62. Right behind was our InformationWeek 100, which rose 1.6%, or 4.53 points, to 294.67.

Tech shares generally were well-liked Monday. The Nasdaq-100 tracking stock rose a very, very healthy 1.6%, or 56 cents, to $34.50. Volume was 68.8 million shares, which compares nicely to its average of 77 million shares.

The S&P 500 rose 1%, or 10.25 points, to close at 1,031.64, and the Dow Jones Industrials rose 0.9%, or 82.95 points, to 9,586.29.

Editor's Choice
Brandon Taylor, Digital Editorial Program Manager
Jessica Davis, Senior Editor
Terry White, Associate Chief Analyst, Omdia
Richard Pallardy, Freelance Writer
Cynthia Harvey, Freelance Journalist, InformationWeek
Pam Baker, Contributing Writer